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Hi all -We have been landlords for 5 years with very few issues. Everything that has come up we have been able to fix within a day. We take great pride in our homes. I am sick to my stomach with an issue we have been ...
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Every day I spend some time in the morning getting up to speed on the latest state of the real estate market by reading various news outlets, listening to economists, looking at data around inflation/inventory/rates, ...
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Amazed at how fast the market has shifted. It seems like many flippers in the Scottsdale/Phoenix market are getting caught naked as the tide goes out as Warren buffet says. Was looking at an auction property on the ...
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Daggone it, I went an pulled the trigger. Wifey and I went to the Loveland/Ft. Collins area last week and found a pretty nice patio home for more than a bit under market. BTW, that market looks very soft to me.
It's ...
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Hi all, we recently sold a duplex in CA and want a 1031 exchange for a multi-family in the Las Vegas market. We are leaving CA for tax reasons and because the distance of maintaining properties was getting to be too m...
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I recently obtained a Lis Pendens list for Wholesaling purposes but I am curious if this is a feasible tactic? If not, what type of list would you suggest for wholesaling?
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Is having a ton of rental properties & installment sales in a massive 1040 tax return - an IRS audit flag?? I have about 60 rentals and 25 installment sales. I'm continuing to add more over time. Most are cheapie ...
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Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
IT CAN"T HAPPEN HERE! (Wherever "Here" is)Looks like a correction is in the making**********************************************************************************************"Home prices are continuing to fall acros...
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I've come across a highly motivated seller, who has a very nice duplex with $100K in equity right now. Needs no repairs, is in a great location, and is a killer deal.The seller owes back taxes, and those can be paid o...